18. Department of Labor and Related Agencies · Minor
Bring enforcement actions against BlackRock and State Street over the TSP
Printed page 608 18. Department of Labor and Related Agencies
“DOL should also consider bringing enforcement actions against BlackRock and State Street Global Advisers for their violations of fiduciary duty while managing the TSP.”
What has happened
- Not started
The Department of Labor has brought no enforcement action against BlackRock or State Street Global Advisors over their management of the Thrift Savings Plan. No such action appears in the Federal Register, in the Board's meeting materials, or in the Department's Employee Benefits Security Administration agenda; EBSA's annual TSP Fiduciary Oversight Program reports were presented to the Board in April 2025 and April 2026 in the ordinary course.
No action found yet. This entry is the starting point, not a finding.
Research log
What was searched, and what didn’t count as evidence
Research notes
- Negative search: chapter log, Cluster negative search — the Thrift Savings Plan asks (#1674, #1675, #1676, #1677, #1678).
- The Department’s fiduciary oversight of the Board is exercised through EBSA’s annual audit
program, whose reports are Board meeting attachments
(
frtib.gov/pdf/minutes/2026/Apr/att5-FRTIB-EBSA-FY-2026-Thrift-Savings-Plan-Fiduciary-Oversight-Program-April-2026.pdf). They are audits, not enforcement. courtlistener.ndjsonis partial for this round and the bulk docket snapshot searches case names only, so an unreported enforcement suit cannot be ruled out from the litigation side. The absence rests on the agency record, not on the litigation record.
- Action
- other
- Object
- Enforcement actions against BlackRock and State Street
- ID
- 1676